Book notes: The Continental dollar, by Farley Grubb

Book_The Continental dollar_Farley Grubb
University of Chicago Press

Farley Grubb, The Continental dollar: how the American revolution was financed with paper money, University of Chicago Press, 2023, 296 pages

Financing war is not a problem for the US in the 21st century, as there is ample demand for US dollar-denominated debt in the global economy to finance federal budget deficits (a condition that may not last forever). Further, the US government enjoys the privilege of hosting the ‘global’ central bank, the Federal Reserve, which provides price support for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account